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FHYQX
Franklin High Yield Tax Free Income Fund Class ANMFQS

FHYQX Dividend Calculator: Forecast Your Returns

See how much monthly passive income you can generate from Franklin High Yield Tax Free Income Fund Class A. Calculate dividend growth with DRIP and compound interest using real-time data.

Current Price
$8.91
0.11% today
FHYQ

Dividend Income Calculator

Adjust parameters to see how your investment grows
Investment value: $891.00
Shares: 100

1 Year

15 Years

30 Years

0% (No Growth)

10%

20%

0% (No Growth)

10%

20%

DRIP (Reinvest Dividends)
Automatically reinvest dividends
Annual Contributions
Add money to investment yearly

0% (Tax-Advantaged)

20%

40%

The Snowball Effect: DRIP vs No DRIP

With DRIP
Without DRIP
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DRIP (Dividend Reinvestment Plan) significantly accelerates portfolio growth through compounding.

Is FHYQX a Good Investment for 2026?

Based on the current price of $8.91, FHYQX offers a compelling dividend yield of 4.58%. This is higher than the S&P 500 average.

Historically, Franklin High Yield Tax Free Income Fund Class A has grown its payouts by an average of 2.1% annually over the last 5 years.

With a payout ratio of N/A (ETF), the dividend appears safe.

FHYQX vs Popular Alternatives

ETF / StockCurrent Yield5Y Dividend GrowthExpense Ratio
FHYQ
FHYQX
Franklin High Yield Tax Free Income Fund Class A
0.41%2.1%0.79%ACTIVE
JEPQ_logo
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
5.62%-0.35%Calculate →
SCHD_logo
SCHD
Schwab U.S. Dividend Equity ETF
1.06%9.2%0.06%Calculate →
VOO_logo
VOO
Vanguard S&P 500 ETF
7.13%6.6%0.03%Calculate →

Frequently Asked Questions about FHYQX

How much does FHYQX pay per share?

FHYQX currently pays an annual dividend of $0.41 per share, distributed monthly.

When is the next ex-dividend date for FHYQX?

The next ex-dividend date for FHYQX is expected to be May 31, 2026. To receive the payment, you must own the stock before this date.

Is FHYQX a good dividend stock?

FHYQX has a dividend yield of 4.58% and has grown its dividend for 3 years. Its payout ratio is 0%, indicating poor dividend sustainability.
Your Annual Dividend Income
$28.56
Monthly: $2.38
Value after 10 Years:$1,894.63
Future Yield on Cost:7.4%
Total Dividends Earned:$359.27
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FHYQX Dividend Health Check

Dividend Yield4.58%
High Yield
Payout Safety
Pass-Through
Fund pass-through
Growth Streak3+ Years
Dividend growth streak is not yet established
Short History
Payment FrequencyMonthly
12 payments per year
Next expected payment:
May 31, 2026